The USD/CAD pair went back and forth during the session on Wednesday, showing that we are still fairly indecisive about where will going. However, it should also be noted that with the nonfarm payroll number coming out...
The USD/CAD pair went back and forth during the session on Wednesday, showing that we are still fairly indecisive about where will going. However, it should also be noted that with the nonfarm payroll number coming out...
USDCAD moved sideways in a trading range between 1.1313 and 1.1458. As long as 1.1313 support holds, another rise to test 1.1466 resistance could be expected, a break of this level will signal resumption of the uptrend...
The USD/CAD pair broke higher during the course of the session on Tuesday, as we continue to bounce around just above the 1.13 handle. It appears to us that we are heading to the 1.15 handle given...
USDCAD is facing 1.1466 resistance again, a break of this level will signal resumption of the uptrend from 1.0619 (Jul 3 low), then next target would be at 1.1600 area. Support is at 1.1300, below this level...
The USD/CAD pair fell hard during the course of the day on Monday, testing the 1.13 level. This is an area that had been resistive previously, so we feel it is likely we will see some type...
USDCAD failed to break above 1.1466 resistance, indicating that lengthier consolidation for the uptrend from 1.0619 (Jul 3 low) is needed. Deeper decline would likely be seen, and the target would be at 1.1200 area.
USDCAD is facing 1.1466 resistance, a break of this level will signal resumption of the uptrend from 1.0619 (Jul 3 low), then next target would be at 1.1600 area. Support is at 1.1380, only break below this...
After touching the bottom of the price channel on daily chart, USDCAD rebounded from 1.1191, indicating that the pair remains in uptrend from 1.0619. Further rise would likely be seen, and next target would be at 1.1800...
The USD/CAD pair rose during the session on Friday, testing the highs again. We think that a pullback in becoming but quite frankly that will be value as the US dollar should be strong going forward. That...
